Equities analysts expect Huntington Ingalls Industries, Inc. (NYSE:HII) to announce $2.77 earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Huntington Ingalls Industries’ earnings, with the lowest EPS estimate coming in at $2.69 and the highest estimate coming in at $2.86. Huntington Ingalls Industries reported earnings of $2.27 per share during the same quarter last year, which would indicate a positive year over year growth rate of 22%. The firm is expected to announce its next quarterly earnings results on Thursday, November 2nd.

On average, analysts expect that Huntington Ingalls Industries will report full year earnings of $11.59 per share for the current financial year, with EPS estimates ranging from $11.26 to $11.85. For the next year, analysts expect that the company will report earnings of $11.86 per share, with EPS estimates ranging from $11.00 to $12.63. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Huntington Ingalls Industries.

Huntington Ingalls Industries (NYSE:HII) last posted its quarterly earnings results on Thursday, August 3rd. The aerospace company reported $3.21 EPS for the quarter, topping the consensus estimate of $2.62 by $0.59. Huntington Ingalls Industries had a net margin of 7.93% and a return on equity of 31.12%. The company had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.79 billion. During the same quarter in the previous year, the business posted $2.32 EPS. The firm’s revenue was up 9.3% on a year-over-year basis.

HII has been the topic of a number of analyst reports. Credit Suisse Group dropped their price objective on shares of Huntington Ingalls Industries from $214.00 to $206.00 and set a “neutral” rating on the stock in a research note on Monday, May 15th. BidaskClub upgraded shares of Huntington Ingalls Industries from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 15th. Zacks Investment Research upgraded shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $222.00 price target for the company in a research note on Monday, July 17th. Deutsche Bank AG restated a “buy” rating and issued a $240.00 price target (up previously from $230.00) on shares of Huntington Ingalls Industries in a research note on Wednesday, August 9th. Finally, Cowen and Company restated a “hold” rating and issued a $210.00 price target on shares of Huntington Ingalls Industries in a research note on Tuesday, August 22nd. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $205.00.

Huntington Ingalls Industries (NYSE:HII) traded up 0.24% on Friday, reaching $210.43. 225,410 shares of the company’s stock traded hands. Huntington Ingalls Industries has a 52 week low of $146.52 and a 52 week high of $220.68. The stock has a 50-day moving average of $209.32 and a 200 day moving average of $202.36. The firm has a market capitalization of $9.55 billion, a P/E ratio of 17.19 and a beta of 1.18.

The company also recently declared a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Friday, August 25th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend was Wednesday, August 23rd. Huntington Ingalls Industries’s dividend payout ratio (DPR) is 19.61%.

In other news, VP D R. Wyatt sold 800 shares of the business’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $214.83, for a total transaction of $171,864.00. Following the completion of the transaction, the vice president now owns 19,865 shares of the company’s stock, valued at $4,267,597.95. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Jerri F. Dickseski sold 1,552 shares of the business’s stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $193.09, for a total transaction of $299,675.68. Following the transaction, the vice president now directly owns 34,659 shares of the company’s stock, valued at approximately $6,692,306.31. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,699 shares of company stock valued at $1,576,565. Corporate insiders own 2.22% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. raised its stake in shares of Huntington Ingalls Industries by 2.7% during the second quarter. BlackRock Inc. now owns 4,572,209 shares of the aerospace company’s stock valued at $851,165,000 after purchasing an additional 120,171 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Huntington Ingalls Industries by 3.9% during the first quarter. Vanguard Group Inc. now owns 4,449,811 shares of the aerospace company’s stock valued at $891,031,000 after purchasing an additional 166,765 shares in the last quarter. State Street Corp raised its stake in shares of Huntington Ingalls Industries by 0.4% during the second quarter. State Street Corp now owns 2,921,169 shares of the aerospace company’s stock valued at $543,803,000 after purchasing an additional 12,014 shares in the last quarter. FMR LLC raised its stake in shares of Huntington Ingalls Industries by 4.1% during the second quarter. FMR LLC now owns 2,881,190 shares of the aerospace company’s stock valued at $536,363,000 after purchasing an additional 114,098 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of Huntington Ingalls Industries by 7.5% during the first quarter. AQR Capital Management LLC now owns 1,778,952 shares of the aerospace company’s stock valued at $356,217,000 after purchasing an additional 124,237 shares in the last quarter. 85.46% of the stock is owned by institutional investors.

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Huntington Ingalls Industries Company Profile

Huntington Ingalls Industries, Inc is a military shipbuilding company and a provider of professional services to partners in government and industry. The Company’s business consists of the design, construction, repair and maintenance of nuclear-powered ships and non-nuclear ships for the United States Navy and coastal defense surface ships for the United States Coast Guard, as well as the refueling and overhaul and inactivation of nuclear-powered ships for the United States Navy.

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